Breadcrumb

Pick a ‘captain’ to steer you through uncharted waters

Ensure mergers run smoothly by appointing someone to oversee the transition, says one such adviser

“Who will be your merger captain?” That is the question I was asked by the head of mergers and acquisitions of a major bank when we met to talk through what colleges could learn from commercial mergers. As it turned out, the captain for the merger of Hackney Community College would be me.

In January 2015, the governors agreed that it was unlikely that we could continue to remain financially healthy and deliver our mission as an independent college. They asked me, as principal, to undertake a review of strategic options.

In the subsequent 12 months, we examined a wide range of possibilities, ...

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.